Dear all,I hav a doubt in gratuity...Actually gratuity will be given to employees who has completed 5 yrs of continuous service... This is stated in the Gratuity Act, 1972.But in IT companies, gratuity is deducted from the basic salary of the employees... they are deducting 4.81% of BP...Why they are deducting...? Gratutiy is one of the benefits of employee provided by the organization. but these IT companies are deducting from their employees itself...? Whats the reason...Please clear me...